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construct like we were in some sort of ideological debate. stocks are good. >> the data has jim mixed this week, but we did get numbers mixed and consumer confidence is good and unemployment and yet, jack welch, the former ceo of general electric as you just mentioned on squawk out on twitter today. he's been obviously critical of the white house for years now, but he says unbelievable jobs numbers. these chicago guys will do anything. can't debate so change numbers. that's the former head of a very large company. >> i'm on tv, and i remember jack sent me a fax when i was first on with mark haynes. i like you. i love jack. i'm trying to reconcile jack with the numbers because i trust jack and think he's terrific. i come back and say listen, they've been wrong -- he's jack. i don't think that they're phony. it doesn't make me feel that jack is off the reservation so much that i think that this particular issue -- i disagree with him. i read the tweet and i was, darn, jack, come on, man. >> let's say good is good. >> does this mark the turning point and we had david come out this mornin
in the race for the white house? good morning. welcome. i'm melissa lee along with carl quintanilla and jim cramer. david faber is at the economic summit in larue, texas. he'll join us from there in just a few minutes to kick off an exclusive interview with meg whitman. let's have a look at the futures this morning. we are seeing a positive bounce here. we are digesting, as we mentioned, last night's debate as well as jobless claims which came in lower than expected. the previous week was revised slightly higher. we are, of course, looking ahead to the jobs report on friday. as for europe, the ecb, as expected, holding the course on rates. we are looking at these headlines crossing from mario dragi. we'll monitor those as to where he will stand and the ecb stand on future rate cuts. >>> our road map starts in denver where president obama speaks this morning, trying to counter the widespread perception that he lost last night's debate. his in-rate contract down 7%, but do stocks have to start pricing in a romney rebound? >> the ecb standing pat on rates as expected as the pressure on spain t
'm not worried about gold yet. >> we will say thank you to you. jim tisch. "squawk on the street" starts right now. >>> tonight is the big night. we've got the first of three presidential debates, an estimated 60 million americans are going to watch. will it be the turning point for the tight race for the white house? good morning. welcome to "squawk on the street." i'm carl quintanilla along with melissa lee and jim cramer. meanwhile, david is at barefoot. >> reporter: good morning. we're down here at barefoot. >> david, we'll talk to you in a moment. a lot to consider, a lot of data out in the last few moments, including adp, which we will talk about as well. we will see if we add to these gains when we get to manufacturing ism. over in europe, we continue to watch every move out of the prime minister of spain and the first rating agency to take that country's debt to junk status. >> our road map starts with signs of hope in the labor market. days before the september jobs report on friday, could this juice the market ahead of the first presidential debate tonight? >> adp and deutsch deal cr
along with carl quintanilla and jim kramer. we have green arrows across the board. look at the picture in europe stemming from this report that spain could ask for a bailout as early as this weekend. so we'll see if that happens. that rumor certainly has been in the market. for now it is giving us a positive bid on the futures and the european markets. we'll start out with the road map beginning with follow-through to tomorrow's rally. this time pimico's bill cross has some not-so-nice things to say act america's addiction to debt, let's say it involves kris mall meth. >>> and google becoming the most valuable company after apple. how much is left in the tank at these record highs? >>> and american airlines facing serious questions after a second flight was found have loose seats. how much traffic do they stand to lose and which rivals are poised to benefit? but futures right now moving higher one day after upbeat manufacturing data helped lift the dow and the s&p 500 to gains in the first trading session of the fourth quarter. hopes for a bailout request from spain also adding to the
morning. welcome to "squawk on the street." i'm melissa lee along with carl quintanilla, jim cramer and david faber live from the new york stock exchange. let's see how we're setting up this morning, this after the dow hit its highest levels in nearly five years on friday. taking a little bit of a pullback here. the dow is down 48 points here, according to fair value. nasdaq looks to lose about 15.50. finance ministers are gratherring fgrath eathering for a two-day meeting in luxembou luxembourg. our roadmap starts off in china. a lower economic forecast from the world bank? is their economy getting even worse? >> earnings season here begins tomorrow with alcoa, costco, jpmorgan highlighting the week. we'll tell you why alccoa is a tell on how earnings will go. >> more worries for apple investors. reported work stoppages at foxconn. the stock now below the 50-day moving average. >> and huawei is sparking new concerns about cyber security. >> we begin with markets around the globe under pressure on global slowdown worries. 7.7% growth in china down from a previous forecast of 8.2%. t
forecast, jim, bringing the numbers down for the global economy has been austerity does not work. >> it doesn't work. but that's paul crudeman who says it. i pet you paul crudeman believes in the 7.8 number, the big phony number. i bet you crudeman believes in it. how is that the focus of the discourse? i'm trying to make it alcoa. look, the imf is saying the obvious. the world bank is saying the obvious. if you continue to call for austerity you can't get growth. it's like, look, you want growth or want austerity. lyndon johnson, guns and butter equals inflation. if you just -- they are not doing guns or butter. if they are not doing margarine, they aren't doing machine guns. >> then you start again but they can't do that. >> we are devalued better than they are devalued. >> you would think we would be but the dollar is much stronger given anticipation of where rates are. >> true enough. stock specific stuff this morning is the netflix run over? shares of the online video service down in the market after b of a undergrades it to underperform from a bay. from the beginning of the
Search Results 0 to 5 of about 6

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